AUDCAD for short from 0.929 t.p1 0.926 t.p2 0.92 tp.3 0.914 s.l close 2 4h candel above 0.934
good opportunity for long term bullish first we got nice broken daily downtrend second we got perfect broken & retest 4H downtrend third we have new uptrend has been built with nice channel so we will take the value area as good support for long positions which is K L
H4 time frame. Structure: Uptrend. AUDCAD broke the 0.92000 resistance. Wait for the price to return to the 0.92000 retest area and appear a bullish pattern that can find buying opportunities. Profit target is 0.93000 zone. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
Hey Traders, here is a technical view on AUDCAD and the most important zones to watch. we're technically watching 0.92 zone for a long opportunity, once we will receive any bullish confirmation the trade will be executed. Trade safe, Risk small, aim big. Joe
Bullish Indicators: Support zone at 0.90940 Bearish Indicators: Resistance zone at 0.92023 Fib level 38.20% Plan A: One can take long position on the breaking of resistance zone at 0.92023 for the target of 0.92689 and 0.93163. Plan B: On the breaking of support zone at 0.90940 one can take short position for the target of 0.90658.
Hello everyone, if you like the idea, do not forget to support with a like and follow. AUDCAD is sitting around a daily support zone so we will be looking for buy setups on lower timeframes. on H1: AUDCAD formed an inverse head and shoulders pattern but it is not ready to go yet. Before we buy, we want the buyers to take over again. Trigger => Waiting...
The double bottom pattern consists of two lows around the same level of support and indicates a possible bullish reversal signal. Price is also resting at a key level of support and resistance Once those levels of support or resistance are broken, the supply and demand dynamics which produced them are shifted Support is the amount of demand that is strong...
aud started for good week . ent : 0.91697 sl : 0.91028 tp 1 : 0.93469 tp 2 : 0.95272 tp 3 : 0.96408
AUDCAD after our last analysis reached as expected the weekly support. The price is now testing the structure and another test can be seen. According to Plancton's strategy if the market will break and close below we can set a nice short order following the ACADEMY rules. ---- Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red...
H4 time frame. Structure: Downtrend. After the price down to the support level of 0.91000, a double bottom pattern and divergence signal appeared. Wait for the price increase to break the Key level at 0.92000 and have a confirmation move, then you can find buying opportunities. The profit target is the 0.92700...
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AUDCAD on the 4h chart is creating a descending wave. The price after the perfect retest of the previous support now turned resistance is looking for a new recent low. According to Plancton's strategy if the market will break below and satisfy the ACADEMY rules we will set a nice short order. ---- Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly...
AUDCAD - On a bigger time frame it's trying to form a support zone and chances of reversal is there as per the chart patterns. My approach will be a buy here at current price 0.91700 Potential upside target is mentioned in the chart as well, The figures are ; Traget 1 : 0.92350 Traget 2 : 0.92950 Maintain stop loss around 0.91100 Follow the levels as mentioned...
Price is currently trading in a descending trend line . We see a potential sell entry at 0.91854 which is in line with our Fibonacci Retracement level of 50%. Price can potentially head towards its take profit level of 0.9134 which is in line with our Fibonacci extension level of 88%. Alternatively, our stop loss level is placed at 0.9062 which is the resistance...
AUDCAD rebounded from key level corresponding to 50% Fibonacci level at 0.9245 Price broke the corrective downtrend line MACD shows bullish momentum It's expected to target resistance level at 0.9375
Good afternoon All, Hope you are all enjoying this weeks trades. To close the week, I want to share with you all this opportunity that we will be looking to take advantage of come Monday. An Inverse H&S pattern is forming on the D1 chart and with anticipation of bearish oil, this is one trade i would definitely be looking to take advantage of. Entry and sl...
After price breakout from the falling channel, this looks like a retest after which we'll be longing the market with proper risk and trade management in case of sentiment shift. THANKS AND GOODLUCK. Please, do like, comment and follow for more analysis.